Cracker Barrel Seeks Shareholder Vote Approval
Ticker: CBRL · Form: 8-K · Filed: Nov 25, 2024 · CIK: 1067294
Sentiment: neutral
Topics: shareholder-vote, corporate-governance
Related Tickers: CBRL
TL;DR
CBRL is asking shareholders to vote on stuff. Stay tuned.
AI Summary
On November 21, 2024, Cracker Barrel Old Country Store, Inc. filed an 8-K report detailing a submission of matters to a vote of its security holders. The filing indicates that the company is seeking shareholder approval for certain proposals, though the specific details of these proposals are not elaborated upon in this summary document.
Why It Matters
This filing signals that Cracker Barrel is engaging its shareholders on important corporate decisions, which could impact the company's future direction and governance.
Risk Assessment
Risk Level: low — This is a routine procedural filing regarding a shareholder vote, not indicating any immediate financial distress or significant operational change.
Key Players & Entities
- CRACKER BARREL OLD COUNTRY STORE, INC (company) — Registrant
- November 21, 2024 (date) — Date of earliest event reported
- Tennessee (location) — State of incorporation
- 615-444-5533 (phone_number) — Registrant's Telephone Number
FAQ
What is the specific nature of the matters being submitted for a vote of security holders?
The provided filing (8-K) indicates that matters are being submitted to a vote of security holders, but it does not specify the exact nature or details of these matters.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing was on November 21, 2024.
What is the principal executive office address for Cracker Barrel Old Country Store, Inc.?
The address of the Principal Executive Offices is 305 Hartmann Drive, Lebanon, Tennessee 37087.
What is the company's IRS Employer Identification Number?
The IRS Employer Identification Number for Cracker Barrel Old Country Store, Inc. is 62-0812904.
Under which section of the Securities Exchange Act is this report filed?
This is a Current Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934.
Filing Stats: 874 words · 3 min read · ~3 pages · Grade level 11 · Accepted 2024-11-25 16:40:20
Key Financial Figures
- $0.01 — registered Common Stock (Par Value $0.01) Rights to Purchase Series A Junior P
Filing Documents
- tm2429426d1_8k.htm (8-K) — 52KB
- 0001104659-24-122600.txt ( ) — 222KB
- cbrl-20241121.xsd (EX-101.SCH) — 3KB
- cbrl-20241121_lab.xml (EX-101.LAB) — 33KB
- cbrl-20241121_pre.xml (EX-101.PRE) — 22KB
- tm2429426d1_8k_htm.xml (XML) — 3KB
07. Submission of Matters to a Vote of Security Holders
Item 5.07. Submission of Matters to a Vote of Security Holders. The Company's 2024 annual meeting of shareholders (the "Annual Meeting") was held on November 21, 2024. On November 25, 2024, First Coast Results, Inc., the inspector of election for the Annual Meeting ("First Coast"), delivered its certification of final voting results for the Annual Meeting to the Company. The final voting results reflect that a total of 17,720,963 shares of the Company's common stock, out of a total of 22,204,312 shares of common stock outstanding and entitled to vote as of September 27, 2024, the record date, were present in person or represented by proxies at the Annual Meeting, and that the results for each proposal presented to the shareholders at the Annual Meeting are as set forth below: Management Proposals: 1. Election to the Board of Directors of ten of the following twelve director nominees: For Withheld Company's Recommended Nominees: Carl T. Berquist 11,482,284 5,053,873 Jody L. Bilney 16,176,219 363,822 Meg G. Crofton 11,112,721 5,423,423 Gilbert R. Dvila 16,180,796 359,327 John Garratt 16,243,249 296,896 Cheryl Henry 16,237,478 299,439 Julie Masino 16,170,416 366,641 Gisel Ruiz 16,184,145 352,706 Darryl L. Wade 16,225,510 311,477 Michael W. Goodwin 16,094,130 440,471 Biglari Nominees Not Recommended by the Company: Milena Alberti-Perez 3,540,923 12,993,407 Sardar Biglari 3,192,413 13,342,359 The following ten directors were elected at the Annual Meeting: Carl T. Berquist, Jody L. Bilney, Meg G. Crofton, Gilbert R. Dvila, John Garratt, Michael W. Goodwin, Cheryl Henry, Julie Masino, Gisel Ruiz and Darryl L. Wade. I n addition, First Coast has advised the Company that there were zero broker non-votes on proposal 1. 2. Approval, on an advisory basis, of the compensation of the Company's named executive officers as disclosed in the Company's 2024 proxy statement ("say-on-pay"): For Against Abstentions 13,
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized. Date: November 25, 2024 CRACKER BARREL OLD COUNTRY STORE, INC. By: /s/ Richard M. Wolfson Name: Richard M. Wolfson Title: Senior Vice President, General Counsel and Corporate Secretary